How does CSRD differ from previous sustainability reporting frameworks?

CSRD expands reporting requirements beyond NFRD, demanding more transparency, detailed data, and third-party verification.

Unlike the NFRD, which applied to a limited number of companies, CSRD significantly broadens the scope, requiring more businesses to disclose ESG-related data. It mandates standardized reporting formats and enforces stricter compliance measures, including third-party audits for verification. This shift aims to ensure that sustainability data is comparable, reliable, and useful for investors and regulators. sustamize offers automated data collection and reporting solutions to streamline CSRD compliance and simplify the audit process.